Jonathan Ruffer, co-founder and chairman of Ruffer Investments, has highlighted a number of key risks financial markets face heading into 2018, pointing to the breakup of Europe and the impact of technological disruptors such as Amazon and Uber.
In a note to clients seen by Investment Week, Ruffer warned the "world feels more dangerous, and very much more uncertain" than in past years due to a rise in geopolitical tensions. The chairman said this had led the firm to pay a premium for assets which would provide a protective "shield" when there was a sharp reversal in markets while also maintaining it was important to not "hide in a rabbit hole". Ruffer trio: We are increasingly concerned about 'bubbling' market He also added while the investment portfolios have "returned little in 2017", he is hoping for "better figures" th...
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